Appointment of Insurance Brokers for Short-Term Portfolio.
Mr. Thendo Masuvhelele
In plain English
The Madibeng Local Municipality is seeking to appoint insurance brokers for the management of a short-term insurance portfolio and risk management for three years. Bidders must be registered on the Central Supplier Database (CSD) and comply with the Preferential Procurement Policy Framework Act.
Always check the official documentDescription
The Madibeng Local Municipality is inviting tenders for the appointment of insurance brokers to manage its short-term insurance portfolio and risk management. This contract will run for a period of three years. The work involves managing 23 insurance sections, including public liability, motor fleet, and cyber crime. Key deliverables include claims administration, monthly reporting, and providing training workshops for municipal officials and councillors. The project requires the successful bidder to have extensive experience in the insurance industry and with local municipalities. Bidders must meet a minimum functionality threshold of 75% to be considered for the next stage of evaluation. The tender is issued by the Madibeng Local Municipality in Brits, and all bids must be submitted by 11 December 2026 at 10:00 AM. The validity period for all submitted bids is 90 days from the closing date.
What you need to qualify
- CSD registration — Registration on the Central Supplier Database — required to do business with government.
- Tax clearance — A valid SARS tax compliance status (PIN) showing your tax affairs are in order.
- Other registration — An industry registration the tender requires (e.g. PSIRA, NHBRC, a professional or trade licence).
Full requirements
- Registered on the Central Supplier Database (CSD)
- Valid Tax Compliance Status with SARS PIN
- Valid SAIA, SAFSIA, and FSP professional registrations
- Municipal accounts not older than 3 months showing no arrears
- Stamped bank rating letter
- Audited financial statements for bids exceeding R10 million
- Documented claims administration system and risk management experience
Contact & how to apply
Name: Mr. Thendo Masuvhelele
Email: thendomasuvhelele@madibeng.gov.za
Phone: 012-493-7770
How to apply: Bids must be submitted in the original format provided, sealed, and clearly marked with the tender number. They must be physically deposited into the tender box located in the foyer of the Madibeng Local Municipality, 53 Van Velden Street, Brits, 0250, before the closing time.
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